BNP Paribas set a €34.50 ($40.59) price objective on ThyssenKrupp AG (FRA:TKA) in a report released on Thursday morning. The brokerage currently has a buy rating on the basic materials company’s stock.

Other analysts also recently issued research reports about the stock. Kepler Capital Markets set a €26.00 ($30.59) price target on shares of ThyssenKrupp AG and gave the company a neutral rating in a report on Friday, July 21st. Royal Bank Of Canada set a €29.00 ($34.12) price target on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Monday, July 24th. Berenberg Bank set a €28.50 ($33.53) price target on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Thursday, August 10th. Commerzbank Ag set a €32.00 ($37.65) price target on shares of ThyssenKrupp AG and gave the company a buy rating in a report on Wednesday, September 20th. Finally, Macquarie set a €30.00 ($35.29) price objective on shares of ThyssenKrupp AG and gave the stock a buy rating in a research note on Monday, June 19th. Six investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and thirteen have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of €27.47 ($32.32).

Shares of ThyssenKrupp AG (FRA:TKA) opened at 23.91 on Thursday. ThyssenKrupp AG has a 12 month low of €19.40 and a 12 month high of €27.01. The company’s market cap is €13.53 billion. The firm has a 50-day moving average of €25.00 and a 200 day moving average of €24.29.

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About ThyssenKrupp AG

ThyssenKrupp AG is a Germany-based technology holding company operating through eight business segments. Steel Europe segment, which produces carbon steel flat products. Steel Americas, engaged in production, processing and marketing of high-grade carbon steels. Stainless Global segment is engaged in production of stainless steel products and materials.

Analyst Recommendations for ThyssenKrupp AG (FRA:TKA)

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